The Sharplink game listed in NASDAQ continues to expand Ethereum (ETH) reserves. In the latest development, the company has purchased 143,593 ETHs over the past week, bringing a total of more than $ 3 billion in total digital assets.
Sharplink games will increase Ether Leeum Holdings
According to a statement released today, Sharplink Gaming, headquartered in Minnie Police, acquired 143,593 ETHs between August 10 and August 17, raising $ 555 million to raise funds to ETH purchases for the same period.
In particular, Sharplink Gaming raised $ 390 million in a direct proposal that was closed on August 11. Over the last week, $ 146 million has been raised through the ATM (AT-Thremet) facility.
According to the company's official announcement, the average price of the latest Cryptocurrency purchases was $ 4,648 per ETH, about 8% higher than the current market price of assets. This argument increases the total shares of Sharplink Gaming to 740,760 ETH.
In addition, since the start of the financial strategy on June 2, the company's total stay compensation (reward in Ethereum Network) has soared to 1,388. Sharplink Gaming, in particular, still can still spend almost $ 84 million for additional ETH acquisitions.
Despite these considerable reserves, Sharplink games still remain. behind Bitmine Immerson Technologies All ETH. Recent Bit Mine I insisted The best point in ETG financial management worldwide is ranked second as the second largest cryptocurrency.
As of August 18, BitMine had more than $ 6.6 billion in ETH, and a total of 1.5 million coins purchased an average of $ 4,326 per unit. The company emphasized the genius law and the US Securities and Exchange Commission (SEC) project encryption in 2025 with the pivotal development of the digital asset industry.
The importance of advantageous encryption regulations
To recall, the genius law is the first US law to regulate Stablecoins, and must be completely supported and audited by liquid assets. Also, in bankruptcy, the Stablecoin holder will be prioritized so that the claim for reserves is first resolved.
PROJECT CRYPTO is a SEC initiative to modernize securities rules for digital assets, providing clear classification, custody standards and safe ports. It also encourages tokenized markets for encryption services and “Super-Apple” with a single license.
Advanced regulations such as Genius Act and Project Crypto have established a clear legal framework to reduce uncertainty and encourage institutional participation in the encryption market. This clarity is Boost Investor trust in Ether Leeum and other digital assets support more capital and support extensive adoption.
In other words, ETH is a recent data. short Digital assets. In the press time, ETH has fallen 1.6% over the last 24 hours to $ 4,195.
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